Paragons Docs
  • Overview
    • Welcome to ParagonsDAO
    • ParagonsDAO Token (PDT)
      • Why acquire and hold PDT?
      • Bridging PDT
      • Revenue distribution
      • Initial token distribution and token circulating supply
  • Paragons Alliance
    • Why Paragons Alliance
      • Using Reputation as Credit
      • Membership Categories
    • Borrowing
      • Borrowing of Parallel cards via Bonds
      • Borrowing of Avatars and Keys via Gears
      • Player Revenue Share
    • Lending
    • Alliance FAQ
  • Staking
    • Why stake PDT
    • What’s new in Staking v2
    • How to Stake PDT
      • Migrating PDT from Mainnet Staking
    • PROMPT Airdrop and Ongoing Rewards
    • Epoch Rewards
    • Contract Audits
    • Staking FAQ
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      • Types of Proposals
      • Proposals
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        • 2022
      • Councils Overview
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      • Immunefi Bug Bounty
  • Products
    • Player Management System
      • Whitepaper: Reputation as Credit
    • Guild Management System
    • Priming
      • Sleeves
    • NFT Bonding
    • Smart Contracts
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  1. Staking

Why stake PDT

Stakers earn 90% of protocol revenues

Our staking model allows us to directly share a vast majority of our protocol revenues with holders in return for participating in DAO governance and staking their tokens. Currently, rewards are being provided via PRIME and Prompt Points.

We earn/will earn revenues through these streams:

  • Gameplay earnings. Collecting player rake from sharing our Parallel NFT cards with Paragons Alliance members, through our Bond and Gear model. We have the largest collection of Parallel cards, which will enable us to earn significant gameplay revenues by supplying the masses with NFTs as Parallel scales.

    • We also have a significant collection of Parallel Avatars, which will be key to the upcoming game Colony—which we expect will also yield revenues. We’ll optimize asset sharing through our player management system to increase revenues.

  • PRIME caching through Wayfinder. We are currently earning approximately 0.8% of the total supply of PROMPT by caching our PRIME reserves—90% of this will be paid out to stakers (via Prompt Points, followed by actual PROMPT rewards).

  • Paraset/Masterpiece/Prime Drive caching. Caching our cards in Echelon’s contracts was historically how we amassed our significant collection of PRIME. Though caching rewards have decreased significantly over time, as Parallel scales and more Prime Sinks are used, it should increase the caching reward pools. We receive about 1.2% of Prime Sinks as revenue.

  • Priming products. We currently earn passive revenues from our Sleeves product, and we expect to launch premium services through Priming in the future.

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Last updated 8 months ago

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